The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shailesh Dhameliya
Awaiting price reaction for this filing.
Shailesh Dhameliya, a substantial shareholder of Bluegod Entertainment Ltd (formerly Indra Industries Ltd), sold 1,78,868 equity shares (2.76% of total share capital) via an off-market transaction on May 19, 2025. His stake in the company dropped from 13.82% (8,95,145 shares) to 11.05% (7,16,277 shares). The buyer does not belong to the promoter or promoter group, and no persons acting in concert (PAC) are involved. The disclosure was filed with BSE under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011.
A meaningful reduction in holding by a major shareholder, though done off-market (not on the exchange), which may signal a private negotiated exit. Could create mild negative sentiment among retail investors, but the off-market route limits immediate price impact on the stock.